Ask questions and get answers from our members

Imputation credits

How does one know when a Company has excessive retained Imputation Credits?

Ted Yarad

1 Answer

Without a knowledge of the company and a study of its financial statements it is not possible to give a quick answer. The current financial position, and future statutory profit expectations, level of debt, available cash/loan facilities, dividend policy and history of payments over several years are some of the items for consideration. I am not aware of a magic formula.'